NOMOS-BANK pays seventh coupon income in the amount of 6.09 mln U.S. Dollars on LPNs maturing in 2016

On 20 April 2010, NOMOS-BANK paid the seventh coupon income on the subordinated Eurobonds issue in the amount of 6.09 million U.S. Dollars.

The Eurobonds issue’s volume is 125 million U.S. Dollars. The interest rate on coupon periods from first to tenth was set at 9.75 % per annum. The placement of the issue was carried out on 12 October 2006 on the Irish Stock Exchange (ISE). There is a call-option associated with the issue with execution date on 20 October 2011.

As a reminder, on 14 April the Bank closed the book for participation in the placement of NOMOS-BANK Eurobonds issue for a total amount of 350 million U.S. Dollars for a period of 5.5 years with maturity in 2015. NOMOS Capital Plc., which the Bank used for earlier issues of Eurobonds, was also the issuer of that issue.

The semi-annual coupon rate was set at the level of 8.75% per annum. The bonds will be listed on the Irish Stock Exchange (ISE). The Bank’s initial plan was to place 260 mln U.S. Dollars, but the demand by large surpassed the expected deal’s volume. Despite the lowering of return targets during pre-marketing process, the demand at the lower pricing end exceeded 600 mln U.S. Dollars. Following the appraisal of investors’ quality and the depth of demand, the Bank decided to increase the issue volume to 350 mln U.S. Dollars. More than 80 investors from 14 countries submitted bids. Lead-managers of the issue are UBS, VTB Capital, and NOMOS-BANK.